Sinai Golf Heights Nabq Sharm El Sheikh Egypt Once completed this resort will be the premier golfing destination in the Sinai Peninsula offering an abundance of facilities, excellent year round climate and a superb golfing experience. Prices from 250,000 EGP Please Note: This material is based upon information which we consider to be accurate. This document has no contractual value and prices are subject to exchange rate fluctuations therefore prices may differ.
Egypt, a land with a history spanning 7000 years and probably one of the oldest vacation spots in the world. The Arab Republic of Egypt enjoys a prime location in the northeast corner of the African continent. Egypt shares its boundary with the Mediterranean Sea in the North, Sudan in the South, Israel and Red Sea in the East. The Nile runs for over 1,000 miles within Egypt. It divides the country into four broad regions. In the Western Desert, which occupies almost two-thirds of the total area, the Eastern Desert, the Sinai Peninsula, and the Nile Valley and Delta, which is the most densely populated region of the country. Egypt s 2020 Vision Tourism 2020 Vision is the World Tourism Organisation s forecast of tourism in the first 20 years of the new millennium for every major tourist destination around the globe. It forecasts that Egypt will remain the Middle Eastern region s largest tourist destination receiving country with over 17 million international tourist arrivals. The expected growth rate in international tourist arrivals for the period 1995 to 2020 is above the average for the Middle East and indeed for the world, at 7.4%. Buying in Egypt in the present time unlike in most areas of the world is a safe investment. Although the world economy is down especially in the real estate market in this part of the world we are still seeing an increase in real estate investment. As an emerging country Egypt was stated to be the 5th safest to invest in at the present time. The potential growth investment in Egypt is predicted in the next 5 years to be 20% from year to year. Property prices in Egypt remain low in comparison to Europe, and the area of the Red Sea in particular has seen a tremendous boom with all the expats moving to this part of the world and of course the increase in Egypts tourism brings millions of visitors that decided to eventually reside in the Red Sea or own a 2nd home.
Nabq is a stunning bay about 15 minute s drive from the centre of Sharm El Sheikh. The resort is new and modern. Located here you will be spoilt with amazing views of land and the crystal blue coastline. Directly across from Nabq Bay is Tiran Island, and behind the resort is a majestic mountain range rising to biblical Mount Sinai. This underdeveloped area is set to become the quickest area of growth in the Sinai Peninsular and is an ideal location for the purchase of a second home or to expand you present portfolio. Key Investor Benefits The property market in Egypt is now regarded as a solid reality of the market. The demand for real estate is increasing largely for both the acquisition of holiday homes and pure investment. There are numerous reasons for choosing Egypt as a location where to invest money: Warm desert climate with temperatures ranging from 20 C in winter to 50 C in summer creating a year-round tourist season and year round rental season. A unique mix of wealthy culture, beautiful beaches and golden deserts, along with being one of the best diving locations in the world. No VAT on property purchases No Egyptian Inheritance Tax No capital gains tax Low income tax Low cost of living and low maintenance costs. Cost of living in Egypt is around 20% of UK rates. Charges for title deeds and registration as low as 3%. Property annual appreciation of about 20%. Regular direct flights from most European destinations. Properties are highly rentable due to Egypt s flourishing tourist industry. Strong economic growth and increased investment in infrastructure.
Location of Sinai Golf Heights, Nabq, Sharm El Sheikh The Google Earth co-ordinates are 28 02 24.67 N 34 25 28.61 E (the Google Earth image is in excess of 2 years old) Sinai Golf Heights Metro Supermarket Sinai Golf Heights Shopping Complex
The Development Sinai Heights Golf Course. Stretching along the beautiful Rea Sea, Sinai Golf heights is an all encompassing prestigious development set on an elevated hill overlooking Nabq Bay, which is 13km from Sharm El Sheikh International Airport. Located ideally on the main Peace Road the project is perfectly situated for all guests and residents to enjoy the sea and mountain views. The total project area is 1.3 million sq.m, with a footprint of 17% and golf area of 39%. The resort will consist of approximately 3,500 units combining studios, 1-bedroom, 2-bedroom apartments, townhouses and villas. This compound has a signature golf course designed by Roanld Fream (www.golfplan.com), lagoons, 5-star hotel & spa plus many activities for residents and guests to enjoy their stay:- 5* Hotel World Class Spa Clubhouse Golf Academy Commercial Zone Beach Access Restaurants Entertainment Facilities Retail Services Kids Club and Pools Wave Pool Bike Tracks Tennis Courts Apartment Block Type E
Sinai Golf Heights Phase Plan and Site Plans Due to the size of the project it is split into 7 different phases. As a whole the project is due to be delivered by 2017. Phase 1, which is being developed in the present time is due to be finished by the end of 2011. R E D S E A Layout for indication purposes only
Sinai Golf Heights Phase Plan Apartment blocks A4 and A13 are available for sale. A13 R E D S E A R E D S E A A13 A4 A4
Sinai Golf Heights Type E Level Plans Ground Floor Swimming Pool First Floor Swimming Pool Second Floor Swimming Pool Top Floor - Roof Swimming Pool
Sinai Golf Heights Type E Typical Floor Plans Studio Apartments Sizes from 45 m 2 Prices from 250,000 EGP 1 Bedroom Apartments Sizes from 65 m 2 Prices from 360,000 EGP 2 Bedroom Apartments Sizes from 95 m 2-105 m 2 Prices from 600,000 EGP Please note:- Sinai Golf Heights apartments are unfurnished, these floor plans layout for indication purposes only
Sinai Golf heights captures the very essence of Egyptian life through a theme of mamluky architecture. This style is famous for its monochromatic harmony of materials, serenity of its courtyards, the warmth and human scale of its external iwans covered with vaults. The apartments consist of:- Reception Kitchen Dining area 1 and 2 bathrooms terrace overlooking the golf course, Sinai Mountains and Red Sea. Top floor apartments will benefit further from a private roof terrace, that is a similar square meterage to the apartment. Apartments Studio Apartments 45 m 2 priced from 250,000 EGP 1 Bed Apartments 65 m 2 priced from 360,000 EGP 2 Bed Apartments 95 m 2 priced from 600,000 EGP Townhouses and villas will be available in later phases. Sizes and prices are to be annouced. Upon completion apartment sizes may vary by +/- 5% 1 GBP = 8.52 EGP 1 EURO = 7.90 EGP 1 USD = 5.50 EGP (Exchanges rates are for guidance only and rates subject to currency fluctuations) Site photographs taken December 2008.
Sinai Golf Heights will offer buyers:- The 18 hole signature golf course has been designed by Ronald Fream, offering the best design that guarantees the enjoyment of players of all levels. In addition to the professional 18 hole golf course, Sinai Golf Heights offer a golf academy for those who want to learn, club house and practice greens. Year round rental season. 13 km from Sharm El Sheikh International Airport Regular, frequent flights direct to Sharm El Sheikh 5 minutes from the Nabq Bay (walking) 10 minutes from the Nabq Bay shopping promenade (walking) 20 minutes from Naama Bay (city centre) 5 minutes from Beach Close access to world famous dive sites Sinai Golf Heights will deliver luxury properties surrounded by striking green landscapes. The golf course and club house is already under construction with 9 holes completed. In addition to these residential areas, the resort also includes a commercial centre for retail services and entertainment area comprising of 5* hotel, world class spa, restaurants offering world cuisine, cafes and bistros. All these aspects inspire a vibrant social environment in a welcoming community lifestyle. The opportunity to gain a lucrative investment not only due to Nabq being an undeveloped area of Sharm El Sheikh that is expected to boom over the next couple of years, but Sinai Golf Heights is the only golf course in the area of Nabq.
The Reservation and Purchase Procedure 2,000 reservation deposit, this is a 30 - day fully refundable deposit to remove your property from the market. Sinai Golf Heights Payment Plan 20% on signing of contract (less the reservation deposit paid) 10% Each 6 months for 3 years - 6 installments 20% On completion - expected end 2011 Closing costs in Egypt are approximately 2% of the purchase value. Call us to today to reserve your apartment.